Dax has broken the celling of a rising wedge which indicates further development in the same direction.
The breakout of the 13190 resistance has been meet signalling a well further rise to 13480
The index is between the support at points 13190 and the resistance at points 13480.
An ABC Gartley formed at 13000 in conjunction with a double bottom has signalled a beginning of a new trend
and may well break the 13190 resistant.
A decisive break out above well predicts targets at 13376&13480
The index is assessed as technically positive for the medium long term
Thanks for watching
Trade Safe
The breakout of the 13190 resistance has been meet signalling a well further rise to 13480
The index is between the support at points 13190 and the resistance at points 13480.
An ABC Gartley formed at 13000 in conjunction with a double bottom has signalled a beginning of a new trend
and may well break the 13190 resistant.
A decisive break out above well predicts targets at 13376&13480
The index is assessed as technically positive for the medium long term
Thanks for watching
Trade Safe
Note
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.